TIM S.A. CEO receives new performance share awards
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Rhea-AI Filing Summary
TIM S.A. Chief Executive Officer Alberto Mario Griselli reported two equity compensation grants of common shares. On May 5, 2026, he acquired 99,692 common shares and 397,022 common shares at no cash price as awards tied to performance share programs.
The first award reflects shares earned from performance shares granted in 2023, including accrued dividend equivalent units, which vest 20%, 30% and 50% on the first three anniversaries of the original grant date. The second award reflects shares earned from portions of 2024 performance share grants, vesting 10%, 20% and 70% on the first three anniversaries of that grant date, in each case subject to his continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 397,022 | $0.00 | $0.00 |
| Grant/Award | Common Shares | 99,692 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents the number of common shares earned (including any accrued dividend equivalent units), as a result of the Issuer's Board of Director's (the "Board") certification to the achievement of performance for the performance shares granted in 2023. These shares vest 20%, 30% and 50% on the first three anniversaries of the grant date, respectively, subject to the Reporting Person's continued service through each such vesting date.
- F2. Represents the number of common shares earned (including any accrued dividend equivalent units), as a result of the Board's certification to the achievement of performance for portions of the performance shares granted in 2024. These shares vest 10%, 20% and 70% on the first three anniversaries of the grant date, respectively, subject to the Reporting Person's continued service through each such vesting date.
Key Figures
Key Terms
dividend equivalent units financial
vesting date financial
anniversaries of the grant date financial
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